This double fronted property is arranged on ground and two upper floors to provide a large ground floor shop unit with three self-contained flats on the upper floors, two of which have been sold on long leases
sold
Description
Gallery
Accomodation
The following breakdown indicates the area’s and dimensions of the unit:
PROPERTY | ACCOMODATION | LESEE & TRADE | TERM | ANNUAL RENTAL | REMARKS |
Ground floor shop | Total area approx. 1,600 sqft incl. 2 WCs | Instant Cash Loans Ltd (Having over 400 branches) (T/O for Y/E 30/6/11 £128.6m, Pre-Tax Profit £32.9m and Net Worth £67.8m) | 10 years from 21st July 2011 | £39,250 | FRI rent review 2016 |
Part first floor | Bedroom, Open plan Living/ Kitchen, Bathroom/WC | Individual | 6 months from 1st November 2011 | £8,340 | AST holding over |
Part first and second floors | 2-flats not inspected | Individuals | Each 99 years from 29th September 1989 | £150 | FRI valuable reversion in approx. 76 years |
Total | £47,740 |
Key Features
- Approx. 1600 sqft total retail area
- Commercial retail unit with uppers
- Roller shutter door
- Total Rental on £47740 per annum
- VAT is payable
Location
Occupying a prominent trading position in this pedestrianised High Street close to the junction with Buxton Road, opposite a Greggs and amongst a host of multiples including Argos, Paddy Power, Superdrug, Farmfoods, Lidl and only yards from Walthamstow Market, the longest daily outdoor market in Europe. Walthamstow lies on the A112 some 6 miles north-east of Central London with easy road access via the A406 (North Circular Road).
Business Rates
Rateable valuse £37,000
Rates payable £17,020
Interested parties are advised to confirm the rating liability with the Local Authority on 020 8496 3000
Rates payable £17,020
Interested parties are advised to confirm the rating liability with the Local Authority on 020 8496 3000